Tugu Reasuransi Records Net Profit of Rp110 Billion in 2025
PT Tugu Reasuransi Indonesia (Tugure) recorded a net profit of Rp110 billion throughout 2025.
In detail, Tugure’s insurance service results were recorded at Rp192.2 billion, a significant increase compared to the previous period of Rp8.9 billion.
Meanwhile, investment results were recorded at Rp254.4 billion, growing 57% compared to 2024, which was Rp161.2 billion.
Tugure’s Finance Director, Dradjat Irwansyah, stated that last year was an important period due to the implementation of the latest accounting standard, PSAK 117.
Through the implementation of PSAK 117, the Company has further strengthened transparency and the quality of financial reporting, particularly in more comprehensively reflecting insurance service performance. This has also driven significant improvements in several key performance indicators.
“The implementation of PSAK 117 requires us to present insurance service performance transparently and reflect the true financial condition. This becomes an important foundation in strengthening the quality of financial reports and future decision-making,” he said in an official statement on Friday (1/5/2026).
That performance reflects the strengthening of the Company’s business fundamentals, supported by underwriting discipline and more selective portfolio management.
Entering 2026, Tugure views the reinsurance industry prospects as remaining positive, although coloured by increasingly competitive market dynamics as the softening market phase begins.
In that context, the Company continues to prioritise a selective and sustainable growth strategy.
From a capital perspective, Tugure recorded Company equity reaching Rp1.5 trillion, which has met the minimum capital requirements for the reinsurance industry in 2026 according to Financial Services Authority regulations.
Looking ahead, the Company targets an increase in capital capacity by achieving KPPE 2 in 2028, with Tugure optimistic that equity can grow organically to Rp2 trillion.
Amid global dynamics, including economic volatility and geopolitical tensions, Tugure will increasingly prioritise prudent risk management.
This is important considering the reinsurance market is entering a softening phase, so external risks need to be anticipated carefully.
In line with that, the Company continues to strengthen its business strategy through improving underwriting quality, portfolio optimisation, and enhancing collaboration with domestic partners. Tugure also remains open to selective expansion opportunities, both in the domestic and regional markets, while carefully considering risk profiles and profitability potential.
With increasingly strong fundamentals following the implementation of PSAK 117, Tugure is optimistic about maintaining sustainable performance and continuing to contribute to strengthening the national reinsurance industry.